1400 Townsite Road, Nanaimo, BC

This property sits on a large quarter-acre double lot that can be subdivided, offering strong potential for multi-unit rental development to help meet local housing demand. Located in a growing market with ongoing redevelopment activity, the site offers an attractive opportunity for builders, investors, or anyone looking for long-term value. The existing structure is a recently updated 6 bed 2 bath home, with plumbing already roughed in downstairs to allow for the easy addition of a second kitchen to accommodate a separate suite. Located just minutes from Nanaimo Regional General Hospital and Vancouver Island University, the property is well-positioned to attract both workers and students. This is a promising redevelopment or investment opportunity in a well-located area of Nanaimo.